Sabesp
184 hedge funds and large institutions have $1.17B invested in Sabesp in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 58 reducing their positions, and 19 closing their positions.
37% more call options, than puts
Call options by funds: $975K | Put options by funds: $711K
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
16% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 58
2% more funds holding
Funds holding: 181 → 184 (+3)
2% less capital invested
Capital invested by funds: $1.2B → $1.17B (-$28.8M)
3.22% less ownership
Funds ownership: 86.9% → 83.69% (-3.2%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$52.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$43M |
| 3 |
Lazard Asset Management
New York
|
+$31.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.4M |
| 5 |
Goldman Sachs
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$78.7M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$58M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$37.2M |
| 4 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
-$19M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$17.1M |
SBS Hedge Fund Activity: Q1 2018 in Review
184 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sabesp (SBS) for Q1 2018, worth a combined $1.17B — down 2.4% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SBS positions and 19 closed out — a net gain of 4 holders — while 67 added to existing stakes and 58 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $52.4M. The largest seller was WINDACRE PARTNERSHIP LLC, cutting an estimated $78.7M.
- 184 institutional investors held Sabesp (SBS) as of Q1 2018, up from 181 in Q4 2017.
- Funds reported $1.17B of Sabesp stock for Q1 2018, down 2.4% quarter-over-quarter.
- 23 funds opened new Sabesp positions in Q1 2018 and 19 closed out, a net change of +4 holders.
- The largest Sabesp buyer in Q1 2018 was Morgan Stanley, an estimated $52.4M added.
- The largest Sabesp seller in Q1 2018 was WINDACRE PARTNERSHIP LLC, an estimated $78.7M sold.
Based on aggregated 13F filings for Q1 2018.